| SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED |
Basic
earnings per share are calculated using our weighted-average outstanding common shares. Diluted earnings per share (reflecting the effect
of all potentially dilutive securities – which are principally stock options and restricted stock grants) are calculated using
our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED
| |
|
Three Months |
|
|
Three Months |
|
|
Six Months |
|
|
Six Months |
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| |
|
Ended |
|
|
Ended |
|
|
Ended |
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|
Ended |
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| |
|
April 30, |
|
|
April 30, |
|
|
April 30, |
|
|
April 30, |
|
| Fiscal Period |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
|
$ |
908,762 |
|
|
$ |
1,415,238 |
|
|
$ |
1,821,737 |
|
|
$ |
2,045,126 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average common shares outstanding |
|
|
11,221,080 |
|
|
|
11,168,493 |
|
|
|
11,223,528 |
|
|
|
11,148,565 |
|
| Unexercised portion of options and restricted stock awards |
|
|
85,748 |
|
|
|
119,717 |
|
|
|
85,748 |
|
|
|
119,717 |
|
| Diluted outstanding shares |
|
|
11,306,828 |
|
|
|
11,288,210 |
|
|
|
11,309,276 |
|
|
|
11,268,282 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.08 |
|
|
$ |
0.13 |
|
|
$ |
0.16 |
|
|
$ |
0.18 |
|
| Diluted |
|
$ |
0.08 |
|
|
$ |
0.13 |
|
|
$ |
0.16 |
|
|
$ |
0.18 |
|
|